| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. 20:11 - Jan 5 with 2363 views | Cheltenham_Blue |
I see so often on this site, posters stating that Evans puts in £6m a year and thats all that keeps us afloat etc etc.
Below is the pre-tax profit and loss schedules from 2015/16.
23 clubs recorded a loss, over half recording bigger losses than Town. So my question is this.
a) If we need Evans in particular so badly, why have none of these other 23 clubs gone bust?
b) Whats so bladdy special about Marcus Evans?
Wolverhampton Wanderers +£5.8m
Blackburn -£1.5m
Rotherham -£1.5m
Huddersfield -£1.6m
MK Dons -£1.6m
Nottingham Forest -£2.2m
Preston -£4.4m
Bolton -£4.6m
Birmingham -£5m
Burnley -£5m
Ipswich -£6m
Leeds -£8.9m
Cardiff -£9.5m
Sheffield Wednesday -£9.8m
QPR -£11m
Brentford -£12.6m
Fulham -£12.9m
Charlton -£13.5m
Derby -£14.7m
Bristol City -£14.9m
Reading -£15m
Hull City -£20.7m
Brighton -£25.9m
Middlesborough -£32m
[Post edited 5 Jan 2019 20:14]
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 20:23 - Jan 5 with 2290 views | thebooks |
[shrugs] Just shows Evans isn't prepared to lose/invest more than other owners. This has been clear for the last decade. For someone who's so good at finagling his company's finances so he/it doesn't pay any tax, he seems incredibly unimaginative when it comes to running a football club.
I agree, I'm not sure why this makes him more prudent/smart/responsible than other owner as we've looked more like getting relegated than promoted during that period. |  | | |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 20:26 - Jan 5 with 2263 views | Coco |
Evans will save us all the way to league 2. |  |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 20:37 - Jan 5 with 2204 views | BloomBlue |
Obviously because all the owners are using them as a way of writing off taxes. Haven't you realised that's why all owners own football clubs |  | | |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 20:54 - Jan 5 with 2161 views | ElderGrizzly |
We don’t need Evans “in particular”, we need an owner who will as a minimum put in £6m to cover our losses, but more likely £25m to compete for the Top 6.
Call the owner whatever name you like, the figures will be the same.
What we do need is an owner with a grasp of how to run a football club and address that yawning chasm that exists right now. |  | | |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:02 - Jan 5 with 2124 views | rosseden |
Its not so much that hes special, hes just one of a long line of people prepared to waste their money on a football club - there are a few trends when you look..... basically you need someone with very deep pockets, ideally a fan, and prepared to keep making money elsewhere to lose it at football...... they all have their own 'ME' who plugs their gaps. There arent any clubs here with no rich backers plugging the gaps.
Blackburn -£1.5m - owned by the Venkeys (indian) - lots of fan protests, now cut their bills to be more self sufficient
Rotherham -£1.5m - owned by a local business man - all quiet, yo yo club
Huddersfield -£1.6m - owned by a local business man - made it up, coming down again tho - dont over spend
MK Dons -£1.6m - owned by local business man / consortium
Nottingham Forest -£2.2m - recently sold by Fawaz to the greeks (£57m written off)
Preston -£4.4m - owned by local business man (worth £850m) - dont over spend and he covers losses
Bolton -£4.6m - not paying wages despite big salaries to owner and his son - bit of a mess atm
Birmingham -£5m - wrote of £38m last season, nearly bust twice, ex owner in prison etc
Burnley -£5m - made it to the promised land.
Ipswich -£6m - ME - tax exile and covering the losses
Leeds -£8.9m - now owned by Italian media guy
Cardiff -£9.5m - made it to the promised land - Vincent Tan, Fan protests, red shirts and so on.
Sheffield Wednesday -£9.8m - huge debts, Chansiri owned, fan unrest. hes put in £70m ish, club openly up for sale
QPR -£11m - Tony Fernandes, reportedly spent £100m or so, cost £42m to get out of the FFP mess, got up tho
Brentford -£12.6m - owned by professional gambler - closed academy - uses moneyball theory
Fulham -£12.9m - sold to Khan and managed to get up
Charlton -£13.5m - fan protests, sit in, stay aways, belgian owners dont care - still there
Derby -£14.7m - Mel morris - local super fan, spent £100m of his money (worth £550m)
Bristol City -£14.9m - Steven Lansdown (worth c£2b) - local super fan - tax exile - spends his own money on the club
Reading -£15m - chinese owner - rich mans play thing - he did look at Hull before.
Hull City -£20.7m - owned by the Allams - fans not happy, got up, but back down - local business man but egyptian originally
Brighton -£25.9m - owned by local super fan / businessman - made it up
Middlesborough -£32m - owned by local super fan & tax exile Steve Gibson |  |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:25 - Jan 5 with 2045 views | Oxford_Blue |
Because their owners also underwrite the losses.
Next. |  | | |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:27 - Jan 5 with 2044 views | braveblue |
Also there is a massive difference between profit and loss and actual money!! | | | |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:28 - Jan 5 with 2029 views | J2BLUE |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 20:23 - Jan 5 by thebooks |
[shrugs] Just shows Evans isn't prepared to lose/invest more than other owners. This has been clear for the last decade. For someone who's so good at finagling his company's finances so he/it doesn't pay any tax, he seems incredibly unimaginative when it comes to running a football club.
I agree, I'm not sure why this makes him more prudent/smart/responsible than other owner as we've looked more like getting relegated than promoted during that period. |
For someone who's so good at finagling his company's finances so he/it doesn't pay any tax
Can you expand on this please? |  |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:33 - Jan 5 with 2006 views | thebooks |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:28 - Jan 5 by J2BLUE |
For someone who's so good at finagling his company's finances so he/it doesn't pay any tax
Can you expand on this please? |
No. I take this back. Both Marcus Evans and his 15 Bermuda based companies pay all their legal taxes. | | | |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:46 - Jan 5 with 1952 views | Guthrum |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:27 - Jan 5 by braveblue |
Also there is a massive difference between profit and loss and actual money!! |
Do you get your wages in 'profit and loss' rather than 'actual money'? What makes you think footballers or ITFC's caterers, admin, the police, etc. are any different? |  |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:48 - Jan 5 with 1945 views | Guthrum |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 20:54 - Jan 5 by ElderGrizzly |
We don’t need Evans “in particular”, we need an owner who will as a minimum put in £6m to cover our losses, but more likely £25m to compete for the Top 6.
Call the owner whatever name you like, the figures will be the same.
What we do need is an owner with a grasp of how to run a football club and address that yawning chasm that exists right now. |
This. | |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:50 - Jan 5 with 1935 views | J2BLUE |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:33 - Jan 5 by thebooks |
No. I take this back. Both Marcus Evans and his 15 Bermuda based companies pay all their legal taxes. |
I just wondered if you were suggesting he makes back 100% of his investment into town via tax initiatives like some others.
Thanks for clarifying. | |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:58 - Jan 5 with 1915 views | bournemouthblue |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:46 - Jan 5 by Guthrum |
Do you get your wages in 'profit and loss' rather than 'actual money'? What makes you think footballers or ITFC's caterers, admin, the police, etc. are any different? |
What has that got to do with anything?
You still pay them profitable or not, if you can't afford to pay them you don't last for very long |  |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 22:10 - Jan 5 with 1874 views | Guthrum |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:58 - Jan 5 by bournemouthblue |
What has that got to do with anything?
You still pay them profitable or not, if you can't afford to pay them you don't last for very long |
braveblue is trying to suggest (as he has numerous times before) that our losses are somehow not real money and just disappear in the balance sheet. I'm pointing out (again) that it is very real money, people's wages and supplier bills. | |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 23:13 - Jan 5 with 1788 views | Nthsuffolkblue |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 21:02 - Jan 5 by rosseden |
Its not so much that hes special, hes just one of a long line of people prepared to waste their money on a football club - there are a few trends when you look..... basically you need someone with very deep pockets, ideally a fan, and prepared to keep making money elsewhere to lose it at football...... they all have their own 'ME' who plugs their gaps. There arent any clubs here with no rich backers plugging the gaps.
Blackburn -£1.5m - owned by the Venkeys (indian) - lots of fan protests, now cut their bills to be more self sufficient
Rotherham -£1.5m - owned by a local business man - all quiet, yo yo club
Huddersfield -£1.6m - owned by a local business man - made it up, coming down again tho - dont over spend
MK Dons -£1.6m - owned by local business man / consortium
Nottingham Forest -£2.2m - recently sold by Fawaz to the greeks (£57m written off)
Preston -£4.4m - owned by local business man (worth £850m) - dont over spend and he covers losses
Bolton -£4.6m - not paying wages despite big salaries to owner and his son - bit of a mess atm
Birmingham -£5m - wrote of £38m last season, nearly bust twice, ex owner in prison etc
Burnley -£5m - made it to the promised land.
Ipswich -£6m - ME - tax exile and covering the losses
Leeds -£8.9m - now owned by Italian media guy
Cardiff -£9.5m - made it to the promised land - Vincent Tan, Fan protests, red shirts and so on.
Sheffield Wednesday -£9.8m - huge debts, Chansiri owned, fan unrest. hes put in £70m ish, club openly up for sale
QPR -£11m - Tony Fernandes, reportedly spent £100m or so, cost £42m to get out of the FFP mess, got up tho
Brentford -£12.6m - owned by professional gambler - closed academy - uses moneyball theory
Fulham -£12.9m - sold to Khan and managed to get up
Charlton -£13.5m - fan protests, sit in, stay aways, belgian owners dont care - still there
Derby -£14.7m - Mel morris - local super fan, spent £100m of his money (worth £550m)
Bristol City -£14.9m - Steven Lansdown (worth c£2b) - local super fan - tax exile - spends his own money on the club
Reading -£15m - chinese owner - rich mans play thing - he did look at Hull before.
Hull City -£20.7m - owned by the Allams - fans not happy, got up, but back down - local business man but egyptian originally
Brighton -£25.9m - owned by local super fan / businessman - made it up
Middlesborough -£32m - owned by local super fan & tax exile Steve Gibson |
So several clubs are owned by very rich men and their fans are disappointed they are not going into the Premier League (aka us 10 years ago). The rest are generally clubs owned by local business men that are run on a small budget looking to establish in the Championship in the hope that one good season might see them promoted or are owned by owners the fans want to see leave. How are Newcastle doing in that regard too? |  |
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| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 23:22 - Jan 5 with 1777 views | rosseden |
| Pre Tax Profit/Loss - Evans 'saving' us year in, year out. on 23:13 - Jan 5 by Nthsuffolkblue |
So several clubs are owned by very rich men and their fans are disappointed they are not going into the Premier League (aka us 10 years ago). The rest are generally clubs owned by local business men that are run on a small budget looking to establish in the Championship in the hope that one good season might see them promoted or are owned by owners the fans want to see leave. How are Newcastle doing in that regard too? |
They're a weird one. 50k fans a week. Good revenue streams but still need more investment to compete. Which Ashley isn't going to give them so he's trying to sell again and again | |
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